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ekant

· started a discussion

· 1 Months ago

450 (Question: 167147.0 )

450

Question:
A dealer sold two watches for \(\unicode{x20B9} \)3,600 each, gaining 25% on one and losing 25% on another. How much he gain or loss in the whole transaction?
Options:
A) 460 gain
B) 470 gain
C) 480 loss
D) 490 loss
Solution:

Its a common loss and gain type of a question and in such cases always a net loss is incurred.

 

Total loss =     2 x S.P     
                  (100/x)² - 1
               =    2 x 3600    
                  (100/25)2 – 1
               = 2 x 3600
                    16 – 1
               = 2 x 3600
                      15
               = 7200
                    15
                = \(\unicode{x20B9} \)480

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
The given answer is correct.
480 is the correct answer .

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